As a many observers do, I look at large data sets. I’ve been very very impressed with what Korea has done with Bitcoin Cash, Dash, and Ethereum. Here’s my hypothesis: Bithumb, Korea’s largest exchange is DOMINATING the scene.
They are outdoing volume of any other exchange out there. Here are the facts:
- Korean institutional money is in play. How do we know? Because they aren’t selling. The price spikes in Bitcoin Cash, Dash, and Ethereum aren’t being sold off. This means the institutional money is big and they are hanging in there. They are also BLOWING away the sell walls, I mean, literally eviscerating the sell walls. This has huge upside swing potential!
- Bithumb only hosts seven coins: LTC being one of the major.
Now the qestion is, Can We See the Korean fever on LTC GUYS??? Your opinion Please...